Centene Corp

Common Name
Centene
Country
United States
Sector
Healthcare
Industry
Healthcare Plans
Employees
60,500
Ticker
CNC
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Centene Corporation is a diversified healthcare enterprise providing a comprehensive range of managed care services to government-sponsored healthcare programs. Specializing in serving uninsured and u...

Centene's GHG Emissions Data Preview

In 2023, Centene completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Centene has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Centene’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Centene’s data sources below and access millions more through our Disclosure Search.

a. Centene's TCFD Report 2024
a. Centene's TCFD Report 2024
b. Centene's Sustainability Report 2023
b. Centene's Sustainability Report 2023

Insights into Centene's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Centene amounted to 64,957 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Centene decreased by 28.83%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Centene's Scope 1 Emissions Over Time

2019202020212022202305.5 k11 k16.5 k22 ktCO2e-4%+14%-33%-27%
  • Total Scope 1
  • Year-over-Year Change

What are Centene's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Centene were 9,998 metric tons of CO₂ equivalent (tCO₂e). a

Has Centene reduced its Scope 1 emissions over time?

Since 2019, Centene's Scope 1 emissions have decreased by 47.04%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Centene's Scope 1 emissions decreased by 26.99%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Centene's Scope 2 emissions?

In 2023, Centene reported Scope 2 greenhouse gas (GHG) emissions of 54,646 tCO₂e using the market-based method and 54,959 tCO₂e using the location-based method. a

Has Centene reduced its Scope 2 emissions over time?

Since 2019, Centene's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 45.06%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Centene's Scope 2 emissions (Location-Based) fell by 29.15% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Centene use for Scope 2 reporting?

In 2023, Centene reported its Scope 2 emissions using the market-based method and using the location-based method. a

Centene's Scope 2 Emissions Over Time

20192020202120222023030 k60 k90 k120 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Centene's Value Chain Emissions

In 2023, Centene reported 1,337,192 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Centene includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Centene's Scope 3 Emissions Over Time

201920202021202220230700 k1.4 M2.1 M2.8 MtCO2e-2%-37%+9%-28%
  • Total Scope 3
  • Year-over-Year Change

What are Centene's Scope 3 emissions?

In 2023, Centene reported total Scope 3 emissions of 1,337,192 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Centene reduced its Scope 3 emissions over time?

Since 2019, Centene's Scope 3 emissions have decreased by 51.49%, reflecting a declining long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2022), Centene's Scope 3 emissions decreased by 28.15%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Centene disclose?

In 2023, Centene reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Centene's Scope 3 emissions?

In 2023, the largest contributors to Centene's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 1,159,591 tCO₂e (86.72%)
  • Capital Goods (Cat. 2): 77,916 tCO₂e (5.83%)
  • Business Travel (Cat. 6): 45,068 tCO₂e (3.37%)

Centene's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(5.8%)Purchased Goods andServices (Cat. 1)(86.7%)Business Travel(Cat. 6)(3.4%)

Insights into Centene’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Centene reported Scope 1 greenhouse gas (GHG) emissions of 9,998 tCO₂e and total revenues of USD 154,052 millions. This translates into an emissions intensity of 0.06 tCO₂e per millions USD. a

Centene's Scope 1 Emissions Intensity Compared to Peers

505005,000100,0001,000,000Scope 1 Emissions (tCO2e)2002,00020,000200,0001,000,000Revenues (Millions of USD)Molina HealthcareYear: 2024Scope 1: 6,890 tCO2eRevenue: $M 40,646Scope 1 Intensity: 0.17 tCO2e/$MCigna GroupYear: 2023Scope 1: 14,193 tCO2eRevenue: $M 195,227Scope 1 Intensity: 0.07 tCO2e/$MAptargroupYear: 2023Scope 1: 24,660 tCO2eRevenue: $M 3,487Scope 1 Intensity: 7.07 tCO2e/$MEli Lilly and CoYear: 2024Scope 1: 192,000 tCO2eRevenue: $M 45,043Scope 1 Intensity: 4.26 tCO2e/$MBio Rad LaboratoriesYear: 2022Scope 1: 21,216 tCO2eRevenue: $M 2,802Scope 1 Intensity: 7.57 tCO2e/$MJohnson & JohnsonYear: 2024Scope 1: 314,690 tCO2eRevenue: $M 88,820Scope 1 Intensity: 3.54 tCO2e/$MAvantorYear: 2023Scope 1: 26,095 tCO2eRevenue: $M 6,967Scope 1 Intensity: 3.75 tCO2e/$MExact SciencesYear: 2024Scope 1: 12,121 tCO2eRevenue: $M 2,759Scope 1 Intensity: 4.39 tCO2e/$MHCA HealthcareYear: 2022Scope 1: 755 tCO2eRevenue: $M 60,400Scope 1 Intensity: 0.01 tCO2e/$MWalgreens Boots AllianceYear: 2024Scope 1: 284,000 tCO2eRevenue: $M 147,655Scope 1 Intensity: 1.92 tCO2e/$MCooper CompaniesYear: 2024Scope 1: 58,155 tCO2eRevenue: $M 3,895Scope 1 Intensity: 14.93 tCO2e/$MHalozyme TherapeuticsYear: 2024Scope 1: 1,348 tCO2eRevenue: $M 1,015Scope 1 Intensity: 1.33 tCO2e/$MBiogenYear: 2024Scope 1: 56,611 tCO2eRevenue: $M 9,676Scope 1 Intensity: 5.85 tCO2e/$MIlluminaYear: 2024Scope 1: 18,836 tCO2eRevenue: $M 4,372Scope 1 Intensity: 4.31 tCO2e/$MAgilent TechnologiesYear: 2024Scope 1: 29,698 tCO2eRevenue: $M 6,510Scope 1 Intensity: 4.56 tCO2e/$MUnitedHealth GroupYear: 2024Scope 1: 105,782 tCO2eRevenue: $M 400,235Scope 1 Intensity: 0.26 tCO2e/$MCardinal HealthYear: 2024Scope 1: 160,150 tCO2eRevenue: $M 226,841Scope 1 Intensity: 0.71 tCO2e/$MAlignment HealthcareYear: 2023Scope 1: 131 tCO2eRevenue: $M 1,824Scope 1 Intensity: 0.07 tCO2e/$MHumana IncYear: 2024Scope 1: 37,480 tCO2eRevenue: $M 117,751Scope 1 Intensity: 0.32 tCO2e/$MZimmer Biomet HoldingsYear: 2024Scope 1: 10,191 tCO2eRevenue: $M 7,679Scope 1 Intensity: 1.33 tCO2e/$MDexcomYear: 2023Scope 1: 5,383 tCO2eRevenue: $M 3,622Scope 1 Intensity: 1.49 tCO2e/$MElevance HealthYear: 2024Scope 1: 14,390 tCO2eRevenue: $M 176,781Scope 1 Intensity: 0.08 tCO2e/$MCVS HealthYear: 2024Scope 1: 261,522 tCO2eRevenue: $M 372,804Scope 1 Intensity: 0.70 tCO2e/$MCenteneYear: 2023Scope 1: 9,998 tCO2eRevenue: $M 154,052Scope 1 Intensity: 0.06 tCO2e/$M

How does Centene's GHG emissions intensity compare to its peers?

In 2023, Centene reported a Scope 1 emissions intensity of 0.06 tCO₂e per millions USD. Compared to the peer group median of 1.49 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Centene rank on GHG emissions intensity within its industry?

In 2023, Centene ranked 2 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Centene among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into Centene's Total Carbon Footprint

In 2023, Centene reported a total carbon footprint of 1,402,149 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 28.18% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Centene's total carbon footprint was Scope 3 emissions, accounting for 95.37% of the company's total carbon footprint, followed by Scope 2 emissions at 3.92%. a

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